Richland County Tax Sale Bidder Application

REMINDERS

• Purchaser bids at own risk
  
  
• The Treasurer on behalf of the Forfeited Land Commission establishes opening bid.
  
  
• All bids are final. Failure to comply will result in a loss of your bid(s) and a fine of $500 per bid plus court costs, and you will be banned from other tax sales in the future.
  
  
• Terms of sale - cash, bank cashier's check or wired funds only are due the day of the sale.
  
  
• If there is more than one property in the same person’s name and the bid on the first property is enough to pay the tax on the other properties, then we do not sell other properties. Tax Title/Deed will only be on the sold property.
  
  
• Defaulting taxpayer has one year and one day to redeem property. If you are the successful bidder, the property is not yours until the tax deed is issued approximately fifteen months from the date of the tax sale.
  
  
• If property is redeemed, bidder will earn interest on the bid. Interest increases every three months – 3%, 6%, 9%, 12% unless the interest capped at the opening bid amount. Interest earned will be at redemption date.
  
  
• Tax Sales can be voided/canceled at any time prior to the issuance of a tax deed.
  
  
• Voids will be paid actual interest earned by the County.
  
  
• We will issue checks and deeds in the name that is listed on the bidder application/card form.
• We will not accept request for name changes once the application is submitted.
  
  
• Please hold onto your original Receipts to get your refund. The law requires the original receipt for refunds. If you lose your original Receipts, it will cost fifty dollars ($50) for a duplicate receipt. After the property has been redeemed letters will be mailed to the address we have on file.
  
  
• The tax title is not a warranty deed. Prior to bidding, you may want to research the property that you are interested in bidding on at the tax sale. All successful bids are final.
  
  
• IMPORTANT: THE INTEREST WILL NOT EXCEED THE OPENING BID AMOUNT.
  
  
• If you register more than once, you will not get a refund.
  
  
• To receive your bidder packet by mail, you must apply online by 10/18/2023. After that date, bidder packets for approved applications will be available at the tax sale location.
  
  

• The above rules also apply to “mobile homes/manufactured homes” and in addition to the interest earned, the bidder will receive rent for each month until the property is redeemed in the amount of one-twelfth of the taxes for tax year the property was sold but not less than $10.00 per month. Rent will be collected by the county at redemption.

The Tax Sale Bidder Application will be available starting 9/11/2023.

I have read the above statements and agree to follow them to participate in the Tax Sale.